# Thailand BOI offers incentives to attract international events

- Link: https://www.thailand-business-news.com/entertainment/133844-thailand-boi-offers-incentives-to-attract-international-events
- Published: 2024-03-29T15:20:09+07:00
- Author: Austin Shifman

The Thai government announced that it will grant tax waivers and import duty exemptions
for organizers of large international concerts, sporting events, and festivals, 
as part of efforts to boost event-related tourism and economic growth.

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 * The Thai government is offering tax waivers and import duty exemptions to organizers
   of large international events in order to boost event-related tourism and economic
   growth.
 * Prime Minister Srettha Thavisin is promoting event-related tourism as part of
   the “Ignite Thailand” campaign, citing the example of the Eras Tour by Taylor
   Swift and the incentives offered by Singapore for hosting major concerts.
 * Thailand has secured the hosting rights for Summer Sonic, a music festival from
   Japan, and Tomorrowland, an annual dance music festival from Belgium, signaling
   a growing interest in the country as a destination for major international events.

Prime Minister Srettha Thavisin highlighted the potential impact of major events
on travel and spending, citing the example of the Eras Tour by Taylor Swift.

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Thailand has been selected to host two major events, including the Summer Sonic 
music festival from Japan and the Tomorrowland dance music festival from Belgium.
Additionally, efforts are being made to remove any regulations hindering the event
industry.